Good news for India! this foreign company to invest Rs 20000000000 in…, stuns Pakistan, China, Bangladesh! challenge for…
Amazon announced on Thursday that it will invest over Rs 2,000 crore in 2025 to expand and enhance its pan-India operations network.
The investment will focus on network expansion and upgrades to ensure faster and more reliable customer service, drive advancements in technology and innovation, and improve the well-being of employees and associates, the company stated in a release.
The investment announcement comes at a time when India's e-commerce market is booming, fuelled by broadband penetration, affordable smartphones, digital payments, increasing spends from affluent and middle-class households, as well as a mobile-first, digitally-charged younger population. India E-Commerce Landscape
Companies like Amazon and Walmart's Flipkart, as well as smaller online players have reshaped India's e-biz landscape over recent years investing billions of dollars into the booming e-commerce market in the country, which as per some estimates, is poised to grow at a compound annual growth rate (CAGR) of 21 per cent and reach USD 325 billion in 2030.
Amazon's investment booster may create a challenge for these existing e-commerce platforms likes Flipkart, Meesho.
Announcing the Rs 2,000 crore-plus infusion, Amazon said the new investment builds on top of its investments in creating an operations network that helps the company deliver to all serviceable pin-codes across India. Amazon On Investment In India
Amazon plans to leverage these investments to launch new sites and upgrade existing facilities across its fulfilment (intelligent warehouses), sortation and delivery network.
According to the company, this investment will enhance processing capacity, improve fulfilment speed, and increase efficiency across the company's operations network. Doing so would help Amazon serve customers across India faster and more reliably, it explained.
Buildings in Amazon's operations network, both existing and new, are designed with technology and efficient building systems to minimise energy usage. Amazon fulfilment centres are designed to make them safe and more accessible to people with disabilities, the company said, adding it focuses on improvements in cooling solutions, safety initiatives, and resting areas to ensure well-being and safety and provide an inclusive work environment.
These strategic investments show Amazon's focus on strengthening its operational footprint in India, sellers, and enhancing customer convenience while driving growth for local economies, it said.
(With Inputs From PTI)
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